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News Updates

MACQUARIE CREDIT UNION REDUCES INTEREST RATES

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Macquarie Credit Union is reducing Variable Home Loan Interest Rates by 0.20%, this will come into affect for all existing loans as of 1st May. Additionally, our fixed rates have also been recently reduced by up to 0.18%. For full details on these changes click to visit our Loan Interest Rates.

 

In an unprecedented time, we are balancing the vital need to reduce costs for all borrowers, meanwhile considering the returns needed by our depositors, many of whom are retirees.

 

Our Savings and Term Deposit interest rates have also been reduced. Term Deposits up to 0.10% and up to 0.15% on some savings accounts, these changes will come into affect on the 6th April. For full details on these changes click to visit our Deposit Interest Rates.

 

Attention: Australians with current Consumer Credit Insurance (CCI) policies

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Many Australians have recently lost employment or been indefinitely “stood down” due to the COVID-19 / Coronavirus Pandemic.

If you have been affected, it is important to check with your CCI Insurer whether or not you are entitled to place an ‘Involuntary Unemployment’ (IU) or similar claim.

Don’t automatically assume that you are not covered. Some insurers are stepping up and providing temporary extensions of cover for claims arising due to COVID-19/ Coronavirus.

Visit your current insurer’s website and contact them to find out more.

You may need to be patient. The surge in enquiry may result in longer call waiting times than normal.

   

Covid-19/ Coronavirus Social Distancing Measures

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We would like to advise our members and extended community of our new social distancing intervention strategies that have been implemented at Macquarie Credit Union, to support Australia on our mission to flatten the curve and reduce the spread of COVID-19/ Coronavirus.
In branch, we have limited the number of visitors to 4 persons at a time to allow appropriate room for social distancing.  We ask that you maintain the 1.5m recommended distance from other visitors and our staff at all times.
Until further notice we will not be conducting any face to face client interviews or meetings. For the time being we will be making alternate arrangements over the phone, via email and online. 
We have also implemented a number of internal measures to socially distance our staff. We now have separate teams working to help you with your ongoing banking needs throughout this pandemic.
We thank you for your ongoing support of Macquarie Credit Union as we get through this unprecedented time together. 
 

Easter Public Holiday Notice

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Macquarie Credit Union will be closed on Friday 10th April and Monday 13th April due to the Easter Public Holidays.

For all members that have periodical payments or quick debits due on these days please be aware of the following:

  • Transfers due on Friday 10th April 2020 and Monday 13th April will be drawn on Thursday 9th April.
  • To ensure these transfers occur please make sure funds are available in your accounts by close of business Wednesday 8th April.

If you have any enquiries please contact the branch on 1300 885 480 or email info@macquariecu.com.au

   

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